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12:28:26 PM EDT - Wednesday, April 25, 2018U.S. Stock Markets close in 3 hours and 31 minutes.
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Feature Article

04/24/2018 - 12:06pm By: Zero Hedge

It was supposed to be Caterpillar's day.
Early this morning, the CAT reported another set of blowout numbers, with Q1 EPS of $2.82 on Exp. $2.11, on revenue of $12.90, also smashing estimates of $12.07BN. The company's commentary was stellar, seeing growth across all verticals:
Construction: expects broad-based growth in all regions in 2018, with the biggest drivers being strength for construction activity in North America and infrastructure development in China Mining: global economic conditions and favorable commodity price levels will drive miners to increase capital expenditures in 2018 for both equipment replacement cycles and expansions
Energy: continued strong demand for reciprocating engines for well servicing...


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